Aerospace Group:

Business/Financial

Rockwell Collins Posts Strong Third Quarter

DDN

Tuesday, July 15th, 2008

SHARE:

By Calvin Biesecker Rockwell Collins [COL] last Friday reported strong third quarter financial results due to improved operating margins and solid sales and the company raised its year-end earnings guidance a nickel. Despite bleak headlines in the energy markets and the likelihood of near term capacity cuts in the airline industry, Rockwell Collins remains well positioned for continued sales and earnings growth, Clay Jones, the company's chairman, president and CEO, said during an analyst call. Airline capacity cuts are expected…

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]